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SHLS Stock Chart & Stats
$9.39
>-$0.01(-0.05%)
At close: 4:00 PM EDT
$9.39
>-$0.01(-0.05%)
Day’s Range― - ―
52-Week Range$4.57 - $13.18
Previous Close$9.4
Volume4.02M
Average Volume (3M)5.57M
Market Cap
$1.42B
Enterprise Value$1.90K
Total Cash (Recent Filing)$15.72M
Total Debt (Recent Filing)$233.81M
Price to Earnings (P/E)45.0
Beta0.83
Next Earnings
Nov 10, 2026EPS Estimate
0.12Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.19
Shares Outstanding168,299,960
10 Day Avg. Volume5,841,918
30 Day Avg. Volume5,574,780
Financial Highlights & Ratios
PEG Ratio0.99
Price to Book (P/B)2.37
Price to Sales (P/S)2.99
P/FCF Ratio-88.99
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$11.71Price Target Upside24.69% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
EPS Forecast (FY)0.43
Revenue Forecast (FY)$628.91M
Bulls Say, Bears Say
Bulls Say
Record Backlog & Awarded OrdersA record $801M backlog with roughly $700M scheduled over the next four quarters materially increases near-term revenue visibility and reduces booking risk. This provides durable demand coverage that supports utilization, production planning, and underwriting of FY26 guidance across multiple quarters.
Product Diversification And International GrowthExpansion into BESS, OEM, and international markets diversifies revenue beyond core EBOS solar components. New product lines and geographic penetration widen the total addressable market, reduce single-market exposure, and create multiple structural growth levers that should sustain demand and margin recovery over coming quarters.
Reaffirmed FY2026 Guidance And Margin TargetsManagement’s reaffirmation of robust FY2026 revenue and EBITDA targets, backed by record backlog and bookings, signals confidence in execution and demand. Durable guidance alignment aids capital allocation, factory ramp planning, and creditor confidence across the multi-quarter horizon.
Bears Say
Negative Operating And Free Cash FlowDespite positive reported profitability, negative TTM operating and free cash flows indicate poor cash conversion and working-capital strain. Persisting cash flow deficits increase reliance on external funding, constrain reinvestment capacity, and heighten liquidity and execution risk over the next several quarters if not reversed.
Higher Net Debt And Temporary Revolver UseRising net debt and an expanded $50M revolver tranche signal increased dependence on external liquidity amid weak cash conversion. While leverage remains moderate, higher debt raises interest burden, reduces financial flexibility, and creates refinancing and covenant sensitivity across the medium term if cash generation doesn't recover.
Factory Consolidation Execution RiskA multi-factory consolidation into a new facility is a structural efficiency play but carries execution risk. Transitional inefficiencies can depress margins, raise costs, and delay productivity gains for several quarters, potentially slowing cash conversion and weighing on the company's ability to realize scale economics.
Shoals Technologies Group News
SHLS FAQ
What was Shoals Technologies Group, Inc.’s price range in the past 12 months?
Shoals Technologies Group, Inc. lowest stock price was $4.57 and its highest was $13.18 in the past 12 months.
What is Shoals Technologies Group, Inc.’s market cap?
Shoals Technologies Group, Inc.’s market cap is $1.42B.
When is Shoals Technologies Group, Inc.’s upcoming earnings report date?
Shoals Technologies Group, Inc.’s upcoming earnings report date is Nov 10, 2026 which is in 85 days.
How were Shoals Technologies Group, Inc.’s earnings last quarter?
Shoals Technologies Group, Inc. released its earnings results on Aug 04, 2026. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.098 by $0.022.
Is Shoals Technologies Group, Inc. overvalued?
According to Wall Street analysts Shoals Technologies Group, Inc.’s price is currently Undervalued.
Does Shoals Technologies Group, Inc. pay dividends?
Shoals Technologies Group, Inc. does not currently pay dividends.
What is Shoals Technologies Group, Inc.’s EPS estimate?
Shoals Technologies Group, Inc.’s EPS estimate is 0.12.
How many shares outstanding does Shoals Technologies Group, Inc. have?
Shoals Technologies Group, Inc. has 168,299,960 shares outstanding.
What happened to Shoals Technologies Group, Inc.’s price movement after its last earnings report?
Shoals Technologies Group, Inc. reported an EPS of $0.12 in its last earnings report, beating expectations of $0.098. Following the earnings report the stock price went down -1.601%.
Which hedge fund is a major shareholder of Shoals Technologies Group, Inc.?
Currently, no hedge funds are holding shares in SHLS
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Shoals Technologies Group Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$11.71 (24.69% Upside)
$11.71 (24.69% Upside)
Blogger Sentiment
Bullish
SHLS Sentiment 67%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 1.5M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $104.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.3%
Last 30 Days ▼ 3.2%
Last 30 Days ▼ 3.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
67.37%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
27.92%
Trailing 12-Months
Company Description
Shoals Technologies Group, Inc.
Shoals Technologies Group, Inc. provides Electrical Balance of System (EBOS) solutions designed for solar power projects throughout the United States. The company manufactures a wide array of EBOS components, including various cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, specialized transition enclosures, splice boxes, wire management solutions, and IV curve benchmarking devices. Additionally, Shoals offers EV Charging solutions for both public and fleet electric vehicle charging infrastructure, alongside its core EBOS systems. Its primary customers are engineering, procurement, and construction (EPC) firms responsible for developing solar energy installations and deploying electric vehicle charging stations. Shoals Technologies Group, Inc. was founded in 1996 and maintains its headquarters in Portland, Tennessee.
SHLS Company Deck
SHLS Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented strong operational and commercial momentum: revenue grew ~47% YoY, backlog reached a record $801M, adjusted EBITDA and adjusted net income increased materially, SG&A efficiency improved, and strategic partnerships (TerraFlow, ON.energy) and product innovation (AirLink, BESS) position the company for further diversification. Near-term challenges include higher net debt, ongoing factory consolidation with associated short-term inefficiencies, an upcoming district court trial-related expense in Q3, and some timing/seasonality risks that could shift revenue between quarters. Overall, the positive growth, margin progress, record backlog, and strategic wins outweigh the near-term operational and legal headwinds.View all SHLS earnings summariesSHLS Stock 12 Month Forecast
Average Price Target
$11.71
▲(24.69% Upside)
Technical Analysis
Ownership Overview
1.88% Insiders
26.69% Mutual Funds
25.14% Other Institutional Investors
11.25% Public Companies and
Individual Investors